The Swiss authorities say the Filippino government has given the necessary guarantees to enable the return of over five-hundred-million dollars deposited in Swiss banks by former President Marcos.

The Philippines has agreed to keep the Swiss government informed about legal proceedings against Imelda Marcos,and the treatment of the claims of victims of human rights abuses during the Marcos regime.

Allowing the return of the money, a Swiss court said earlier this month it was against the country's interests to serve as a safe haven for criminal proceedings.

The Filippino government says President Marcos embezzled several billion dollars from the national treasury before being overthrown in 1986.